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20121202
20121210
Search Results 0 to 5 of about 6 (some duplicates have been removed)
of refers appear to have forgotten something happened in november 2012 called a presidential election. >> right. it was an election in which president obama, unprecedented for a democrat, actually ran on a platform of raising taxes. he said, i'm going to raise taxes on the top 2% and he was re-elected resoundingly with it. to what ron said, if it's only $14 trillion, what's the big deal, go ahead and let the rich pay it? that's number one. number two, the other thing that's been exposed and what's true, what's always been true about conservativism is that the core principle is the rich don't pay too much, they pay too little. when they say things like broaden the tax base, they think it's a moral hazard to have a progressive tax code. you want a flatter tax code for those with less money pay more into the system. republicans have tried to talk around that because that's anรง unpopular thing to tell your tea party base, middle class people, no, we think lower income people and middle income people should pay more. but when we strip away all the rhetoric about job creators and the rest
and treasury secretary timothy geithner. >> we are flabbergasted. we have seven weeks between election day in the end of the year. three of those weeks have been wasted. >> we are not going to extend an extension of the tax rates. we think they need to go back to those levels. if you don't do that, you have to ask yourself, whose taxes are we going to raise? were we going to find the money bring a balanced plan in place? jenna: senator lindsey graham, a republican known for reaching across the aisle, not looking at this with a great deal of optimism. >> i think we're going over the fiscal cliff. it's pretty clear that they have made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hitting their stride right about now. timothy geithner is trying to avoid plunging of the fiscal cliff. he has ma
the election, romney's stayed mostly out of the spotlight and pretty quiet. he and paul ryan met with president obama in washington last week. >>> witnesses say it was terrifying, a crushing tunnel collapse about 50 miles west of tokyo. authorities have recovered nine bodies, most of them from burned vehicles. experts say aging parts in the tunnel could be to blame. the disaster has prompted japanese officials to order emergency inspections of dudsens of other tunnels with similar designs across the country. >>> and here's a sign of the times. the pope is on twitter. the vatican today revealed pope benedict's personal handle is @pontifacts. the vatican said the pope believes the catholic church must be present in the digital arena. that's going to be hard to answer a question about faith in 140 characters. >> he'll probably have 1 million followers in two hours. >> he has more than 230,000 followers and he hasn't even had a single tweet. his name means bridge builder in latin. another name for the pope. >> yeah. i'll follow him. >> i will as well. >> are thank you very much. maybe if i follow h
a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea that revenues have to go up, not ideological about how, but most of all, wanting a big $4 trillion package. and so they have become, in effect, allies of the president. they're really trying to get to the same place. at some point there may be differences over how much entitlements, how much this or that, but right now their interests are al
change its motto to made in america. bill: so there is this on the election we just watched. a new report shows how much money was spent. last minute donations pushing it over the $2 billion mark. so 2012 the first election where super pacs flourished drawing unlimited funds from wealthy donors. tens of millions of dollars were raised in the final weeks alone. we don't know how much was raised for nonprofit groups that an issue ads but did not have to reveal donors. martha: a lot of money. a lot of money. >>> there are new developments in a terror case we've been following in florida. two pakistani-born brothers due in federal court at the top of this hour. they're charged with aiding terrorists and plotting to obtain a weapon of mass destruction. the fbi says this was not a sting operation. if convicted both of these men could face life in prison. phil keating live outside in the courthouse where this is playing out today in fourth lauderdale, florida. phil, these men are being held without bond, right? >> reporter: that's correct, martha. they are since last week once the federal grand
Search Results 0 to 5 of about 6 (some duplicates have been removed)